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Colorado Department of Revenue
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2018 Individual Statistics of Income
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Table 5. Income and Tax Data for Taxable Returns by Size of Federal AGI 1
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This table shows aggregate income and tax data for full-year residents by AGI group for returns with Colorado gross tax liability. This table is a subset of the data presented in Table 1. See Table 6 for returns without Colorado gross tax liability.
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I. Number of Returns, Income, and Tax Data
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Size of Federal AGI Number of Returns Federal AGI Federal Taxable Income Colorado Gross Tax Colorado Net Tax Federal Tax
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Negative Income 225 ($28,275,592)$0 $460,806 $454,206 $286,018
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$ 0 to $ 9,999 12,324 $59,645,958 $22,912,331 $2,000,473 $1,966,698 $1,902,398
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$ 10,000 to $ 19,999 150,902 $2,423,752,710 $560,340,616 $26,129,368 $25,896,150 $76,460,322
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$ 20,000 to $ 29,999 232,253 $5,836,791,566 $2,524,871,890 $115,023,359 $114,357,677 $265,243,845
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$ 30,000 to $ 39,999 229,695 $8,014,242,064 $4,508,711,876 $200,883,439 NR$453,371,687
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$ 40,000 to $ 49,999 197,167 $8,838,294,881 $5,689,479,153 $243,960,671 NR$577,227,137
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$ 50,000 to $ 59,999 161,427 $8,852,167,814 $6,090,556,638 $258,154,163 NR$656,404,391
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$ 60,000 to $ 74,999 194,450 $13,060,080,165 $9,362,558,800 $388,941,325 NR$1,104,871,853
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$ 75,000 to $ 99,999 238,469 $20,675,016,563 $15,481,484,263 $634,808,678 NR$1,892,440,215
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$ 100,000 to $ 199,999 389,800 $53,472,990,691 $43,179,347,991 $1,844,500,830 NR$6,274,749,644
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$ 200,000 to $ 499,999 137,647 $39,345,208,999 $34,185,841,049 $1,527,752,037 NR$6,689,890,417
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$ 500,000 to $ 999,999 20,470 $13,734,135,200 $12,373,179,316 $562,780,510 $523,045,760 $3,223,110,906
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$ 1,000,000 and over 9,910 $30,458,551,141 $27,141,705,957 $1,239,255,458 NR$7,796,504,112
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Total 1,974,739 $204,742,602,160 $161,120,989,880 $7,044,651,117 $6,767,375,353 $29,012,462,945
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II. Average Dollar Amounts per Return
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Size of Federal AGI Federal AGI Federal Taxable Income Colorado Gross Tax Colorado Net Tax Federal Tax
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Negative Income($125,669)$0 $2,048 $2,019 $1,271
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$ 0 to $ 9,999$4,840 $1,859 $162 $160 $154
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$ 10,000 to $ 19,999$16,062 $3,713 $173 $172 $507
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$ 20,000 to $ 29,999$25,131 $10,871 $495 $492 $1,142
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$ 30,000 to $ 39,999$34,891 $19,629 $875 NR$1,974
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$ 40,000 to $ 49,999$44,826 $28,856 $1,237 NR$2,928
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$ 50,000 to $ 59,999$54,837 $37,729 $1,599 NR$4,066
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$ 60,000 to $ 74,999$67,164 $48,149 $2,000 NR$5,682
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$ 75,000 to $ 99,999$86,699 $64,920 $2,662 NR$7,936
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$ 100,000 to $ 199,999$137,181 $110,773 $4,732 NR$16,097
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$ 200,000 to $ 499,999$285,841 $248,359 $11,099 NR$48,602
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$ 500,000 to $ 999,999$670,940 $604,454 $27,493 $25,552 $157,455
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$ 1,000,000 and over$3,073,517 $2,738,820 $125,051 NR$786,731
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Average$103,681 $81,591 $3,567 $3,427 $14,692
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Source: Federal and Colorado individual income tax returns (full-year residents only)
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NR - Not releasable due to confidentiality requirements. Total includes NR data.
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1 Taxable returns are those reporting a value greater than zero for Colorado Gross Tax (2018 Colorado Form 104, Line 7).
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Prepared by: Office of Research and Analysis, Colorado Department of Revenue | dor_ora@state.co.us
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Data extracted: August 20, 2020
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Publish date: November 2021
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